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Feb 25, 2013
02/13
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former teacher and dean and i just want to know how do we get young people to care about the debt and deficit? >> i think we have to give them examples like the one i gave, 507,000 years so they begin to understand what we are faying. >> go ahead, quick. >> i was going say it's easier to be ignorant and reliant than it is to be responsible and informed. how do you change that? >> well, one of the things we are going to have to do, and i don't have a lot of time to get into it, but we have to use technology. there's some wonderful ways we can use that. virtual classrooms, it can help us enormously. i'm working on that project with something in baltimore right now. >> of your scholarship fund. >> carson's scholars.org. everyone get involved. [applause] >> thank you very much. >> that is all the time we have left. as always, thank you for being with us. let not your heart be troubled. the news continues. all right. that will do it. [applause] john: are you a republican? >> no. john: democrat? >> no. john: students. john: the nation's capital where the students need to be more than 1,000 of them
former teacher and dean and i just want to know how do we get young people to care about the debt and deficit? >> i think we have to give them examples like the one i gave, 507,000 years so they begin to understand what we are faying. >> go ahead, quick. >> i was going say it's easier to be ignorant and reliant than it is to be responsible and informed. how do you change that? >> well, one of the things we are going to have to do, and i don't have a lot of time to get...
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Jan 15, 2013
01/13
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so, obama's entire premise that we need a balanced approach to cutting the deficit is based on a huge fiction which is that obama's plan will cut 4 trillion during the the next decade. it will do no such thing. he's basing on a falsity, just like day one when he's been in office, distort and pr propgandize. now, republicans need to understand all of this dealing with obama. they're dealing with a man who is reckless, ruthless as any president they will ever encounter and my next guest says he has a plan that mr. bolster the republicans hand when it comes to dealing with the democrats on the issue of debt and much more. ohio senator rob portman is here. and what do you make of obama, only 2006 a vote against the debt ceiling. >> it went further than that. he said it would be unpatriotic. >> sean: that's another, i actually have that clip. you want to see it. >> sure. >> sean: let's show the videotape. >> the problem is, is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt
so, obama's entire premise that we need a balanced approach to cutting the deficit is based on a huge fiction which is that obama's plan will cut 4 trillion during the the next decade. it will do no such thing. he's basing on a falsity, just like day one when he's been in office, distort and pr propgandize. now, republicans need to understand all of this dealing with obama. they're dealing with a man who is reckless, ruthless as any president they will ever encounter and my next guest says he...
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Jan 15, 2013
01/13
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he's said it's unrealistic to tie the debt limit to deficit reduction. he said it has been separate. that is just not accurate. >> sean: last 30 years? >> last 27 years every major reduction is start going through 1990s all three agreements. recent one, budget control act the reason we're talking about the debt limit discussion. so this is an appropriate time to raise the issue. look, he said people voted for him because they wanted to increase the debt limit. i don't think so. that is not what polling shows. it shows people want to get spending under control. >> sean: for a brief hour the obama media which did not go do a good job from my estimation woke up and challenged him. and looked angry on hypocrisy. how would you deal with the president that is very good at politics, demonizing and pushing republicans into a corner? what is the best strategy? >> well, i agree with you it's interesting. you had reporters saying wait a minute. you said just the opposite but also said the point just made a second ago which is why are you saying it's been straight a
he's said it's unrealistic to tie the debt limit to deficit reduction. he said it has been separate. that is just not accurate. >> sean: last 30 years? >> last 27 years every major reduction is start going through 1990s all three agreements. recent one, budget control act the reason we're talking about the debt limit discussion. so this is an appropriate time to raise the issue. look, he said people voted for him because they wanted to increase the debt limit. i don't think so. that...
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Feb 2, 2013
02/13
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discretionary and entitlement spending, we have record-breaking deficits. no one is stopping it. nwe have a spending problem. we don't have a revenue problem. johnathon first. >> yeah, we don't, eric we tax enough and so much of what our tax dollars go to are not specified in the constitution. to the congressman's point. it is specified in the constitution. food stamps and fema and epa and healthcare and all of the other money is found no where in the constitution . it is it basically taxing people's lives . until congress gets that out of their head when they tax and borrow, they are hurting individual americans . it is getting out of the control. >> congressman can why gree we have a spending problem and not a revenue. >> we have. as the commission said we should do spending reductions and two dollars of every tax dollar . if i could. there are stow many, look at glaxco smith kline . 7 years they had hid from the fda. >> let's stay on topic congressman. stay on topic. wayne, let a talk about we sphent 5.8 trillion in the last four years and what do we have for it . a negative g
discretionary and entitlement spending, we have record-breaking deficits. no one is stopping it. nwe have a spending problem. we don't have a revenue problem. johnathon first. >> yeah, we don't, eric we tax enough and so much of what our tax dollars go to are not specified in the constitution. to the congressman's point. it is specified in the constitution. food stamps and fema and epa and healthcare and all of the other money is found no where in the constitution . it is it basically...
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Mar 1, 2013
03/13
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juan, he's-- >> this president, he's-- >> he's not cut everything. >> to be the biggest deficit cutter in american history. >> sean: oh, my god, juan, do you understand reducing the rate of increase-- reducing the rate of increase, he's increased the size of government 20% and if you reduce the rate of increase that's not a cut. no, you can't say to somebody we're going it raise your salary 20%, but only make it 17% and say that that's not a raise. >> i'm talking about-- this is a dramatic increase in the size and scope of
juan, he's-- >> this president, he's-- >> he's not cut everything. >> to be the biggest deficit cutter in american history. >> sean: oh, my god, juan, do you understand reducing the rate of increase-- reducing the rate of increase, he's increased the size of government 20% and if you reduce the rate of increase that's not a cut. no, you can't say to somebody we're going it raise your salary 20%, but only make it 17% and say that that's not a raise. >> i'm talking...
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Jan 30, 2013
01/13
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he wants to focus on deficit reduction. deficit reduction is important, it really doesn't have any connection in terms of creating jobs in the short term. obama has made it clear he would like to do more stimulus spending. repu republicans aren't open to that. they control half of -- control the house and democrats control the senate. it remains to be seen what will happen. the deficit is a problem and needs to be dealt with. it is not going to progress the way it is raised. >> for the fourth quarter he slufrpgs in terms of growth. now is the worst possible time to cut spending even further. the economists look at this slijage and say it was due in large parts of federal spending being cut. what is the con sefb tive answer -- conservative answer to that? >> we spent nearly a trillion dollars in the initial stimulus bill in january or february 2009. we have spent hundreds of billions more over the next 3 and a half years to try to stimulate the economy. we have gotten sadly used to this new normal between the gdp of 1 and sa
he wants to focus on deficit reduction. deficit reduction is important, it really doesn't have any connection in terms of creating jobs in the short term. obama has made it clear he would like to do more stimulus spending. repu republicans aren't open to that. they control half of -- control the house and democrats control the senate. it remains to be seen what will happen. the deficit is a problem and needs to be dealt with. it is not going to progress the way it is raised. >> for the...
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Jan 12, 2013
01/13
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the tragic part of this is even with the savings, the deficit and accumulative federal debt-- instead of an act of heroism such as never has been seen on capitol hill before. >> neil: that part you're right. adam. >> i would state this differently. the cbo is playing math games, that's fine. cut 1%, this is what you get. what they're not playing is political games. i completely disagree with what charles said. these people are inherently as a group corrupt. i don't think that's fair. if you want to say they're not doing their jobs well, not making the tough political decisions, that's different from correct. and dagen hit the nail on the head. we support them in these things. we don't want them to cut these programs. we, the people. that's the political problem. >> although, adam, in the election process, we are-- they do make several promises to do the right thing. and when they go there, whether they are he' pressu're us, they don't do the right thing and hence the corruption. >> maybe my definition of corrupt-- that doesn't describe law breaking, things punishable by going to priso
the tragic part of this is even with the savings, the deficit and accumulative federal debt-- instead of an act of heroism such as never has been seen on capitol hill before. >> neil: that part you're right. adam. >> i would state this differently. the cbo is playing math games, that's fine. cut 1%, this is what you get. what they're not playing is political games. i completely disagree with what charles said. these people are inherently as a group corrupt. i don't think that's...
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Mar 2, 2013
03/13
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should we cut is the bigger question, and we should, asap. >> brenda: okay, jonas, the deficit, huge. we can cut spending if we have tax hikes though, does that help or hurt the economy? >> anytime you raise taxes you're dragging the economy. luckily, this year, the relatively small taxes that most people saw could be handled by this level of economy. if the economy was in worse shape, winde'd probably be another in another recession. and we're not going to balance this budget with the current tax scheme, it's going to go higher across the board down the road, but it doesn't need to kick in this year or next year, we're not on a crisis anymore, we made some progress and bigger long-term problems, but we're not going to be able to cut discretionary spending and balance a budget. some point revenue, for the nondiscretionary to cut significantly. again, it's a ten, 15-year problem. c can can be solved now. >> brenda: long-term, short-term tax hikes, what do they do? >> we know not only from that how they pick money up. from common sense if you take money out of the hands of capitalist, y
should we cut is the bigger question, and we should, asap. >> brenda: okay, jonas, the deficit, huge. we can cut spending if we have tax hikes though, does that help or hurt the economy? >> anytime you raise taxes you're dragging the economy. luckily, this year, the relatively small taxes that most people saw could be handled by this level of economy. if the economy was in worse shape, winde'd probably be another in another recession. and we're not going to balance this budget with...
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Feb 9, 2013
02/13
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deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough.
deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and...
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Mar 1, 2013
03/13
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and deficit reduction are. and the good thing about america is that sometimes we get to these bottlenecks and we get stuck and you have these sharp partisan fights. but the american people pretty steadily are common sense and practical and eventually that common sense, practical approach wins out. and i think that's what will happen here, as well. and in the meantime, just to make the fipt point abonal poin sequester, we will get through this. this is not going to be an apocalypse as some people have said. it's just dumb. and it will hurt. it will hurt individual people and it will hurt will the economy overall. but if congress comes to its senses a week from now, a month from now, three months from now, then there a lot of open running room there for us to grow our economy much more quickly and to advance the agenda of the american people dramatically. and so, you know, this is a temporary step on what i believe is the long term outstanding prospect for american growth and greatness. all right? thank you very
and deficit reduction are. and the good thing about america is that sometimes we get to these bottlenecks and we get stuck and you have these sharp partisan fights. but the american people pretty steadily are common sense and practical and eventually that common sense, practical approach wins out. and i think that's what will happen here, as well. and in the meantime, just to make the fipt point abonal poin sequester, we will get through this. this is not going to be an apocalypse as some...
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Mar 4, 2013
03/13
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the money is wasted on war and trade deficits. but the fact in 1979 -- talk about jimmy carter -- until 2007. the top 1% has scene its income grow by by 281%, and the middle% their income has green by 25%. so if they're paying more in taxes it's because they're making more, and i'm speaking of -- >> neil: so that a reflection of just fact. not -- okay. what too you make of this? >> when that report -- i find the report to be disengine reduce. the enfor instance it's the same 1% in 1979 are the same 1% now -- some have died. >> hogging the money. houston about the little kids who drew up poor and then sign a contract with the nfl for 180 million. now he is in the top 1%. guess what. his number is skewed. that type of stuff is twicesive and is tee destroying the country because it's mean spirited in nature. >> neil: i'm ticked about the rates as a total percentage. >> top 1% -- >> neil: they also to to the top 5, 10, 20%. >> look at the bush tax cuts. the top 1% from over a period of ten years got $641 billion whereas the bottom 80%
the money is wasted on war and trade deficits. but the fact in 1979 -- talk about jimmy carter -- until 2007. the top 1% has scene its income grow by by 281%, and the middle% their income has green by 25%. so if they're paying more in taxes it's because they're making more, and i'm speaking of -- >> neil: so that a reflection of just fact. not -- okay. what too you make of this? >> when that report -- i find the report to be disengine reduce. the enfor instance it's the same 1% in...
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Jul 6, 2013
07/13
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that wipes out the california deficit. if we had a national energy plan, we could create millions of jobs by knowing if a pipeline works or if a pipeline doesn't. we are the only developed country in the world not having one. that does hurt. >> jim, take him on. >> we've got a lot of part-time workers in this jobs report. why is that? because of government mandate relating to obama care. whether it's crowding out or red tape, they are not creating a big playing field for small businesses and that's why small businesses are not hiring. >> okay. two texans get the last word. thanks, guys. >>> young americans getting restless. a new poll shows their trust in d.c. is fading, overa nsa snooping. why that could help support for big government in d.c. that's at the bottom of the hour. but up here first, employers may have dodged the health care law for another year, but you may not be so lucky. remember this? >> if you like your health care plan, you'll be able to keep your health care plan, period. >> what just happened that mig
that wipes out the california deficit. if we had a national energy plan, we could create millions of jobs by knowing if a pipeline works or if a pipeline doesn't. we are the only developed country in the world not having one. that does hurt. >> jim, take him on. >> we've got a lot of part-time workers in this jobs report. why is that? because of government mandate relating to obama care. whether it's crowding out or red tape, they are not creating a big playing field for small...
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Feb 10, 2013
02/13
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not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president to make a major issue of that in his speech? john? >> i think the president will address gun violence. he barely noted in his inaugural address. this is a time for policy prescriptions and following through. newtown has created an urgency behind this issue that the president, really does have an obligation to follow through on. and so i do expect that immigration and guns will be core aspects of this speech. but all underneath the larger framework about making the economy work for the middle class. and that will be, i believe, the frame of this, of this
not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president...
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Feb 9, 2013
02/13
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. >> we got that cbo report this past week, 7 trillion dollar in additional deficit and factor in what that 600 billion dollars in tax hikes that the democrats did already push through and how does that balance things? but the point about baltimore is interesting because that's where this nation could possibly be headed. you continue to raise taxes and you don't cut spending and you wind up on the brink of bankruptcy, exactly where that city is. >> you know, ben, you say we're all eventually going to have to pay higher taxes, but as the only item in your play book how to fix your economy it doesn't seem like it's ever going to work. >> i keep thinking if taxes are so terrible, why don't we just have no taxes at all. why don't we pay for-- >> 100% taxes. >> why don't we have no taxes at all and why don't you not interrupt me for once? >> i can't help it. >> why don't we have no taxes at all and why don't we have some some balance in the budget. and for gosh sakes, we're grownup disciplined people and we're supposed to balance the budget not supposed to be like small children. >> okay, c
. >> we got that cbo report this past week, 7 trillion dollar in additional deficit and factor in what that 600 billion dollars in tax hikes that the democrats did already push through and how does that balance things? but the point about baltimore is interesting because that's where this nation could possibly be headed. you continue to raise taxes and you don't cut spending and you wind up on the brink of bankruptcy, exactly where that city is. >> you know, ben, you say we're all...
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Mar 10, 2013
03/13
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everyone else says well, we have to reduce the deficit and the debt. he thinks we have to continue to spend because under his keynesian economics, spending lifts the economy so he's going to push back hard against any significant reduction in spending unless perhaps it comes out of the defense department. >> by the way, james, do you think he really wants, cares about the debt at all? is it really to spend despite the debt continuing to increase? >> it's hard to see that in any budget he's delivered and i also, we've had a fairly long discussion of his economic ideas going forward. and that was in the hearing of jack lew to become secretary of the treasury and the answer over and over again, revenue, revenue, revenue, how do we get more tax revenue. >> kim, i'm interested in the washington post. what's in the break in the ranks of the pro-obama sentiment in the media, is it not. >> what you saw was simple reporting of what everybody knew was to be the case, since the state of the union the president put out this very left of center agenda on taxes and
everyone else says well, we have to reduce the deficit and the debt. he thinks we have to continue to spend because under his keynesian economics, spending lifts the economy so he's going to push back hard against any significant reduction in spending unless perhaps it comes out of the defense department. >> by the way, james, do you think he really wants, cares about the debt at all? is it really to spend despite the debt continuing to increase? >> it's hard to see that in any...
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Feb 28, 2013
02/13
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consider that a tax hike is -- has an impact on real people, or a spending increase or a trim dollar deficit has impact on real people. they're not willing to illustrate what happens when our bond rating goes in the toilet but they're willing to do it in this case. >> neil: do you think there's something bigger at play here, that at it one thing to make a convincing argument in public, whether you're the president or any one of his cabinet secretaries. but then to be called out on it and proven that you had at best misrepresent and maybe at worst lied about it, and there are people are starting to say that doesn't jibe with what you seed, and even if the administering tries to backtrack, some of the fear mongering it did, it might be too late. people are saying, hey, you know, we've seep this movie before. >> and there was an article in one of the "washington post" saying our nightmare is the sequester will happen and people won't notice. >> neil: the ultimate death -- death knell. we're not trying tomen minimize this, but to scare the person people to the degree they're -- some of them are
consider that a tax hike is -- has an impact on real people, or a spending increase or a trim dollar deficit has impact on real people. they're not willing to illustrate what happens when our bond rating goes in the toilet but they're willing to do it in this case. >> neil: do you think there's something bigger at play here, that at it one thing to make a convincing argument in public, whether you're the president or any one of his cabinet secretaries. but then to be called out on it and...
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Feb 10, 2013
02/13
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that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than offset the defense cuts that would be devastating. >> bill wants the president to bail out republicans who made the sequestration deal. >> i want the president to bail out the military. >> but he wants to. >> he is commander in chief. maybe you are not aware of that. >> he is saying let's have a temporary deal to avoid sequestration and republicans are saying no, we have got to protect the rich oil companies and gas companies and we can't do it. >> chris: i will call a little bit of a change here and congressman cotton i want to
that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than...
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Mar 4, 2013
03/13
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i care about the fact that we are racking up larger deficits and putting the peril of the future generation very much in play. i really care about this country. i care about my 20 grandkids. the kind of america they are are going to have and sit ising on the sidelines when so much is at stake is just not in my nature. >> chris: governor, thank you. >> thanks, chris. good to be with you. >> chris: later in the show, the romneys introduce us to the latest editions to their family. i promise you won't want to miss it. first we will bring in our sunday group to discuss what happens now that those automatic spending cuts have kicked in. and to give us their reaction to mitt romney's return to public life. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her likes 50% more cash, but i have an idea. do you want a princess dress? yes. cupcakes? yes. do you want an etch-a-sketch? yes! do you want 50% more cash? no. you got talent. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50
i care about the fact that we are racking up larger deficits and putting the peril of the future generation very much in play. i really care about this country. i care about my 20 grandkids. the kind of america they are are going to have and sit ising on the sidelines when so much is at stake is just not in my nature. >> chris: governor, thank you. >> thanks, chris. good to be with you. >> chris: later in the show, the romneys introduce us to the latest editions to their...
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Oct 15, 2013
10/13
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we need to deal with long term deficit. those things are still out there. frankly a lot of the discussion >> we never had a president give consecutive trillion dollar debts. no president had a trillion dollar debt. congressman, brady, if the labor participation rate were the same as when president obama took office, unemployment would be close to 11%. your reaction. >> the worst recovery since world war 2. since the recession ended you are seven times more likely to be forced on to food stamps. so many millions have given up looking for a job. wall street is doing great. been juiced up by the fed stimulus. middle-class american, average families, missing $12,000 from their wages today as the result of this president's failed the playing a key role in that. >> let me ask you this question, congressman, is it unreasonable to expect the president who will negotiate with the mullahs of iran to negotiate with republicans on the verge of a debt ceiling being reached, on verge of government being shut down or at least partial shutdown. this is the first president
we need to deal with long term deficit. those things are still out there. frankly a lot of the discussion >> we never had a president give consecutive trillion dollar debts. no president had a trillion dollar debt. congressman, brady, if the labor participation rate were the same as when president obama took office, unemployment would be close to 11%. your reaction. >> the worst recovery since world war 2. since the recession ended you are seven times more likely to be forced on to...
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Feb 10, 2013
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we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are you, eric? >> eric: we heard her say that the national debt is at immoral levels. how do we fix it? what would you say? >> well, the pressure the president -- expression the president used a lot during the campaign, and you know what that means. i suspect it's very different than the republicans, but also yes, tax increases and spending cuts. no more raising of rates but there's a lot that can be done in taking away loopholes, dehe duckses on the wealthy, do away with the subsidies to the oil companies, the buffett role that anybody who makes more than a million dollars
we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are...
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Feb 7, 2013
02/13
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. >> today i'm pledging to cut the deficit we inherited by half by the end of my first term in office. >> will be closed no later than one year from now, guantanamo. >> transparencieiey and the rul of law. >> sean: the set of lies, a brand new set of you be kept promises and they're starting to buildup. remember when our fearless leader said this. >> no family making less than $250,000 a year will see any form of tax increase. >> nothing in this plan will require you or your employer to change the coverage or the doctor you have. >> we've been extraordinarily careful not to in any way undermine the employer-based system. >> that's why my proposal builds on the current system where most americans get their insurance from their employer. if you like your plan, you can keep your plan. >> sean: guess what, while he couldn't keep those promises either. middle class taxes have gone up and will continue to do so thanks to the administration. when it comes to obamacare, the cbo projects by 2022, 7 million americans will not be able to keep their employer insurance program thanks to obamacare.
. >> today i'm pledging to cut the deficit we inherited by half by the end of my first term in office. >> will be closed no later than one year from now, guantanamo. >> transparencieiey and the rul of law. >> sean: the set of lies, a brand new set of you be kept promises and they're starting to buildup. remember when our fearless leader said this. >> no family making less than $250,000 a year will see any form of tax increase. >> nothing in this plan will...
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Feb 5, 2013
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everybody wanted -- he was there to talk about spending deficit and debt. everybody wanted to talk about gun control. almost to a person everyone said the only reason why the government wants me to go through background checks is so they know what background i have and how many guns i have so they can take my guns. that's what the perception is. >> there's a lot of paranoia. the there is no such plot a foot from anybody involved. of course the president is out of touch with the sport with the family traditions. that's why the picture was posted. >> here's a simple solution. all gun control ought to apply to everybody that includes the body guards anybody who works for the department or agency. if you don't think i need this or that weapon to protect my family you don't need yours. i am saying all americans are worth the same. my family is eerie bit as valuable as anybody else's family when he works in congress or the branch. >> we have to leave it there. stay tuned. we are going to tell you what it takes to accurately predict the outcome of a football game.
everybody wanted -- he was there to talk about spending deficit and debt. everybody wanted to talk about gun control. almost to a person everyone said the only reason why the government wants me to go through background checks is so they know what background i have and how many guns i have so they can take my guns. that's what the perception is. >> there's a lot of paranoia. the there is no such plot a foot from anybody involved. of course the president is out of touch with the sport with...
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Mar 2, 2013
03/13
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. >> dana: the plans are deficit neutral. i want to ask you about the republicans. in the past chain mails we have had to deal with, it was perceived that the republicans caved. but not so this time. do you think it will cig call a turning point -- signal a turning point for the shattered pieces of the republican party and help it move on? >> andrea: it better. republicans were punished after they caved on the fiscal cliff. now we won't fold this time around. they are standing firm. i wish they would fight harder for more cuts and they have an opportunity, dana, especially because it was overhypeded. and so overblown, that when the world doesn't end, they can say president obama you don't just have egg on your face, you have an omelette. we'll keep fighting for more cuts. they have the leverage after this. i thought this meeting today was disingenuous. for him to invite them there, like when he demeaned paul ryan. he invites them there and uses the same talking points he has used about the class warfare. this is good for you. it looks like going forward he won't bla
. >> dana: the plans are deficit neutral. i want to ask you about the republicans. in the past chain mails we have had to deal with, it was perceived that the republicans caved. but not so this time. do you think it will cig call a turning point -- signal a turning point for the shattered pieces of the republican party and help it move on? >> andrea: it better. republicans were punished after they caved on the fiscal cliff. now we won't fold this time around. they are standing firm....
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Feb 5, 2013
02/13
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under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next ten years u.s. debt will increase $10 trillion from a little more than 16 trillion-dollar now to more than $26 trillion in 2023. >> you can't raise enough tax to say pay for this problem. you won't grow fast enough to get rid of this problem. you ultimately have to deal with spending. >> after 2023, the debt begins to soar. >> after that it's going to grow and reach the trillion and go beyond the trillion. so at no point in the foreseeable future is the deficit going to come down to manageable level. >> noting repeatedly high debts are bad and dangerous as he put
under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next...
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Jan 31, 2013
01/13
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if we want to reduce the deficit which mark and you and many other people want to do we are going to need more revenue and healthcare costs under control we have to put defense. i think all three of those things can get done soon in order to make a tent and i hope it gets done through this year. >> i didn't say what i feel about the deficit. i like seeing it big. i am not the only one who can't balance her budget. mark, the last word. >> what simon is trying to tell you taxes don't attach to behavior. it has no impact on the economy or income. >> i am going to have to respond. >> the reality is a threat of a massive tax increase led to 1.2 percent of economic growth in the private sector last quarter which obama predicted would be 4 percent growth. we have anemic growth because we are taxing our economy into submissi submission. >> in the 1990s we raised taxes on beg people this idea that taxes themselves>> we are out of time. >> a new terrorist inwist in a notre dame football player his girlfriend and the man behind the hoax. living with moderate to severe rheumatoid arthritis means
if we want to reduce the deficit which mark and you and many other people want to do we are going to need more revenue and healthcare costs under control we have to put defense. i think all three of those things can get done soon in order to make a tent and i hope it gets done through this year. >> i didn't say what i feel about the deficit. i like seeing it big. i am not the only one who can't balance her budget. mark, the last word. >> what simon is trying to tell you taxes don't...
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Mar 2, 2013
03/13
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he cut the deficit in his first term in half or no? >> he is about to. [ laughter ] >> sean: first term is over austan. >> look it was projected to be $1.3 trillion. it's going cut just in half that is what the cbo projects. it would be easier if republicans were willing to do a bargain. >> sean: didn't they offer him authority this week and he rejected it? >> no, not exactly, that was only the discretionary part. >> sean: if they want to cut social security and medicare. they should prosecutor it. where is the president's budget. we haven't seen a democratic senate budget in four years. they proposed it. >> sean: i want to read it. can i download it. >> yes, you can. it's on the office of management and budget's website. >> sean: i'm checking. austan, fox news alert, charles manson is still in jail as of this hour, we're going to watch it closely throughout the evening. >> my daughter had a bloody nose in school today and i'm blaming the republicans. >> sean: probably my fault. probably my kid, go ahead and blame him. all right. austa
he cut the deficit in his first term in half or no? >> he is about to. [ laughter ] >> sean: first term is over austan. >> look it was projected to be $1.3 trillion. it's going cut just in half that is what the cbo projects. it would be easier if republicans were willing to do a bargain. >> sean: didn't they offer him authority this week and he rejected it? >> no, not exactly, that was only the discretionary part. >> sean: if they want to cut social security...
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Feb 5, 2013
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the deficit goes back up even though we saw it go slightly down. they're calling this the sandwich generation, the people in the middle getting squeezed by taking care of their older parents that can't retire early and taking care of kids. youth unemployment at 11.5. >> more of the middle class becoming the working poor at this point. and the problem is, you can't ask the guy a question. he makes an announcement. you can't ask him a question to get meaningful discussion to hear the other side. when you have the chance, and he was able to have control to put something through, what did he do? we're still hearing blame it on bush. that's old. >> also tax hikes. we'll have the highest spending and highest government spending and highest tax rates. i'm not sure who is can connecte dots to create jobs. >> can i say something? the new normal is the old miserable. the carter era with bandwidth. does he care about the fracturing. the harder american life gets the more he can change it. when we take the bus instead of drive that's progress. he sees shrinkag
the deficit goes back up even though we saw it go slightly down. they're calling this the sandwich generation, the people in the middle getting squeezed by taking care of their older parents that can't retire early and taking care of kids. youth unemployment at 11.5. >> more of the middle class becoming the working poor at this point. and the problem is, you can't ask the guy a question. he makes an announcement. you can't ask him a question to get meaningful discussion to hear the other...
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Jan 15, 2013
01/13
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they created the structural deficit -- >> neil: wait a minute. we can go back in time and talk about 9/11 and a recession was taking hold. i don't want to go back in history. i want to ask thufinaly, would you agree that if we get a republican president and he or she is demanding the same prerogative you want to give this president right now, you, simon, would be on board and say go for it. >> i think we should eliminate the vote over the debt ceiling, both party, both presidents for all time -- >> neil: you would give a republican the same eye am going to save this tape. when it comes to that, i am going to have you back. >> hopefully, that won't be for a long time. >> neil: i thought you would say that, touche. >> okay. >> neil: from help out of d.c. to big doings in d.c., the city is getting readyr spiffy for a piece of history. the president's inauguration on monday. since january 20 falls on a sunday, the president will be privately sworn in that day. but the hoopla is all on monday, across the capitol. and we will be there again. probably n
they created the structural deficit -- >> neil: wait a minute. we can go back in time and talk about 9/11 and a recession was taking hold. i don't want to go back in history. i want to ask thufinaly, would you agree that if we get a republican president and he or she is demanding the same prerogative you want to give this president right now, you, simon, would be on board and say go for it. >> i think we should eliminate the vote over the debt ceiling, both party, both presidents...
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Feb 10, 2013
02/13
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favor of reducing the deficit now. the short term, i am not in fave of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles/simpson was all also, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health care. and that is something we have to do. i think the president could get some things if, in fact, he addressed some of these longer-term issue, but he walked away from that and there's no confidence that he really cares about it. >> let's talk about common economics. i would have thought you would have been in favor of immigration reform, gun control. you're saying these things should be weighed down. >> i'm incredibly in favor of all these initiative, including, of course, energy, which he should have done something about his firs
favor of reducing the deficit now. the short term, i am not in fave of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles/simpson was all also, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health...
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Mar 16, 2013
03/13
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it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. "i will gladly take a tax hike today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically, "are you telling me you would not give of 1 acre of land for a guaranteed promise of 10 acres of land?" and then 10 years later, "we are going to be needing nebraska and south dakota, too." obama claims he wants to keep taxes low for the middle class. let me tell you for the 400 people still left in the middle class, they could not be happier. obama also said he had to shut down white house tours because of the sequestered. do not worry, though --
it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. "i will gladly take a tax hike today for a cut in spending on tuesday."...
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Apr 12, 2013
04/13
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and without a trade deficit and with a strong dollar, then gold has to go back down. so a more reasonable level. that's a longer run play, but i think that's been kicking in because you know this energy independence talk has been around the past year. >> i love that talk. you and i both love that talk. and if that happens over the next ten years, that's great. but for me to use that as an explanation of the gold sell-off today, i don't agree with that at all. and i think as long as we are in the white house that keep fighting different energy sources, i think that's being called into question, too. but in the dollar, the dollar has been getting strong. the dollar realistically what's been happening is that the ecb, the bank of england, the boj has been crushing their currency. so of course the dollar looks hugely strong by comparison because it's the only safehaven. when the dollar starts rallying because of things like that, that will be great, but i don't think that's today. >> larry, what do you do now? what happens now? let's go to monday, peer into the future, do
and without a trade deficit and with a strong dollar, then gold has to go back down. so a more reasonable level. that's a longer run play, but i think that's been kicking in because you know this energy independence talk has been around the past year. >> i love that talk. you and i both love that talk. and if that happens over the next ten years, that's great. but for me to use that as an explanation of the gold sell-off today, i don't agree with that at all. and i think as long as we are...
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Feb 26, 2013
02/13
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>> today, we have to-- we have to pay back the debt and deficit. that's what we've got-- >> we've got obama's debt. and. >> stop, stop. >> you've got a credit card, i've got a question for you, we've got a spending problem today. and yes or no? it's not a hard question. >> we have a debt problem. >> we have a debt problem. we don't have a spending problem today? >> we have a debt problem. >> and we have a debt problem. and we have to pay our bills. >> all right, but we're borrowing 46 cents of every dollar. >> the deficit is the symptom, it is spending that is the disease. i mean, over the last ten years, federal spending has almost doubled in the economy and only increased about 15 to 16% and working families, they have the income increase at all. it is a spending problem. and right now, the president's taking spending from 20% of the economy to about 25 and it's on its way to 40. i mean, at this spending trajectory, working families are going to have tax rates that will make france's new socialist president blush, can't do it. >> congressman, jus
>> today, we have to-- we have to pay back the debt and deficit. that's what we've got-- >> we've got obama's debt. and. >> stop, stop. >> you've got a credit card, i've got a question for you, we've got a spending problem today. and yes or no? it's not a hard question. >> we have a debt problem. >> we have a debt problem. we don't have a spending problem today? >> we have a debt problem. >> and we have a debt problem. and we have to pay our...
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Jan 30, 2013
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jay carney said the president doesn't view deficit reduction as goal to itself. fine part of broad economic package. but stand alone priority is not worth the effort in the president's mine. more battles ahead. >> thank you. >> researchers may be getting twice the access to your money for their projects. tens of millions of dollars of taxpayer grant money may have been awarded in the last decade to scientists who are double dipping. getting funds from more than one source for a single project. the analysis says it might represent $200 million in three decades. >> this may surprise you to know that some people believe the entire constitution, not just the second amendment is out-dated. correspondent shannon bream tonight on the call for a fundamental change. >> georgetown university law professor smarked a heated debate authorizing a piece in the times advocating we give up on constitution. with the archaic, idiosyncratic and evil provisions. >> this is our country. we wouldn't let france rule it. we have wouldn't let the u.n. rule it. there is no reason for to us
jay carney said the president doesn't view deficit reduction as goal to itself. fine part of broad economic package. but stand alone priority is not worth the effort in the president's mine. more battles ahead. >> thank you. >> researchers may be getting twice the access to your money for their projects. tens of millions of dollars of taxpayer grant money may have been awarded in the last decade to scientists who are double dipping. getting funds from more than one source for a...
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Mar 10, 2013
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. >> we have an impasse right now which is the president wants to continue raising taxes, not for deficit reduction, but to fuel more spending, and we see tax reform as an incredibly important goal and policy in getting pro growth economics, getting businesses growing again and hiring people. tax reform to us is an economic growth generating exercise. tax reform to the predecesso pro far seems to be suspending growth ente enterprise. >> eric: joining us now is the anchor o chris wallace. >> instead of the president campaigning and bashing republicans, he actually sat down and talked with them. in terms of substance, i can't say i saw a lot of warming. we talked to paul ryan who will unveil the new republican budget on tuesday. in the bucket he calls for -- in the budget he calls for repeal of obama care. he has tax reform and it would lower rates and use the money for economic growth. the president wants tax reform that would not lower the rates and you clean out the loopholes and deductions and use the money for short-term spending to boost the economy. and also, ryan wants structural ma
. >> we have an impasse right now which is the president wants to continue raising taxes, not for deficit reduction, but to fuel more spending, and we see tax reform as an incredibly important goal and policy in getting pro growth economics, getting businesses growing again and hiring people. tax reform to us is an economic growth generating exercise. tax reform to the predecesso pro far seems to be suspending growth ente enterprise. >> eric: joining us now is the anchor o chris...
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Mar 1, 2013
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not the budget, but the money we have to borrow in terms of deficit. so the president can move around and he can prioritize it. i think he said this week he doesn't want to have to pick between sick children and disabled children. no one wants to pick between them. if you don't want hard choices, don't get involved in politics. he's known this was coming for two years, two years he could have-- >> it's actually his idea, so-- >> and he signed it into law and he's acting like it's the first he's heard of it. >> greta: i don't want to hurt starving children on disabled children or anyone to lose a job, however, the american people were asked to give you 2% in additional taxes recently so it's sort of hard for at least for me to understand why the federal government, those who represent the government, can't find 2%. 2.4% to take out of the increased spending. we're not even asking them to reduce spending, we're talking about slowing down the spending growth by 2.4% so if we can find it in our wallets, why can't you all find it in the budget? >> we ought
not the budget, but the money we have to borrow in terms of deficit. so the president can move around and he can prioritize it. i think he said this week he doesn't want to have to pick between sick children and disabled children. no one wants to pick between them. if you don't want hard choices, don't get involved in politics. he's known this was coming for two years, two years he could have-- >> it's actually his idea, so-- >> and he signed it into law and he's acting like it's...
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Mar 11, 2013
03/13
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to propose at least 1.2 trillion in deficit reduction. that proposal could not be debated or amended. it got one vote yes or no. if this plan fails sequestration. a name for the threat of a hacksaw approach for the thet of reduction was supposed to hit both sides equally. democrats would hate the nondefense program. the republicans wouldn't stand cuts to the military. the theory was these cuts would be so bad there was no way congress would ever allow them to happen. after months of deliberate brakes they couldn't come to any agreement and simply gave up. so much for theory. sequestration was to go into effect on january 1st, 2013. as it happens that was the same time so-called bush tax cuts were set to expire. it was in super crisis. fed chairman ben bernanke gave it a name. >> it would be a massive fiscal cliff of large spending cuts and tax increases. >> the fiscal cliff was a classic example. what happened? >> you keep putting these things off and another election came up. >> the 2012 election settled nothing. they re-elected presiden
to propose at least 1.2 trillion in deficit reduction. that proposal could not be debated or amended. it got one vote yes or no. if this plan fails sequestration. a name for the threat of a hacksaw approach for the thet of reduction was supposed to hit both sides equally. democrats would hate the nondefense program. the republicans wouldn't stand cuts to the military. the theory was these cuts would be so bad there was no way congress would ever allow them to happen. after months of deliberate...
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Feb 10, 2013
02/13
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reduction, that the least emphasized method of reducing the deficit, we talk about spending, revenue, growth. he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, in what, two something weeks, the entire budget process could be turned on its head with this so-called sequestration, right? across-the-board cuts and we have the two sides that seem as far apart as ever on this issue. that is going to have a real impact both on the politics of what's going on in washington as well as the economy. >> i was struck by your interview with rand paul, the sequestration was a pittance. that's a lot of money and you have the defense secretary and john brennan, lots of people saying the sequestration is a threat to the nation's security at this point, and yet rand paul is calling this a pittance, a tea party response to marco rubio. which shows you that the republicans still have this ideological pull against them
reduction, that the least emphasized method of reducing the deficit, we talk about spending, revenue, growth. he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, in what, two something weeks, the entire budget process could be turned on its head with this so-called sequestration, right? across-the-board...
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Jan 14, 2013
01/13
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if the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner with me. we can achieve that and we can achieve it fairly quickly. we know what the numbers are, we know what needs to be done. we know what a balanced approach would take, and we've already done probably more than half of the deficit reduction we need to stabilize the debt and the deficit. there's probably been more pain and drama in getting there than we needed. and so finishing the job shouldn't be that difficult, if everybody comes to the conversation with an open mind and if there's some things like paying our bills should not be out of bounds. i'll take one last question. >> mr. president, i would like to ask you, now that you've reached the end of your first term, starting your second, about a couple of criticisms. one that's long-standing, another more recent. the long-standing one seems to become a truism of sorts, that you and your staff are too insular, that you don't socialize enough. and the
if the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner with me. we can achieve that and we can achieve it fairly quickly. we know what the numbers are, we know what needs to be done. we know what a balanced approach would take, and we've already done probably more than half of the deficit reduction we need to stabilize the debt and the deficit. there's probably been...
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Feb 3, 2013
02/13
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>> i would add ironically the budget deficit is falling. certainly as a percentage of gdp and we'll get on tuesday, i think, from the congressional budget office new budget figures that show, in fact, that the deficit is dropping and dropping pretty significantly. >> guys, one last question to each of you. you have been watching the markets for so long. we have near records for stocks. gdp that shrank, jobs growth that is okay. why is the market so excited about what's happening either corporate profit or the economy? >> you know, that is a good question. i think a lot of people have been asking it. i think we have been in the context of record corporate profits. the fundamentals of the stock price. if you added up all the money that the market forecasts that the company will make in the future, that's how much the stock should be worth. so, record corporate profits in some sense should have been reflected in higher prices already. and now, the only reason they weren't, i think, is because people were afraid that washington might blow it up
>> i would add ironically the budget deficit is falling. certainly as a percentage of gdp and we'll get on tuesday, i think, from the congressional budget office new budget figures that show, in fact, that the deficit is dropping and dropping pretty significantly. >> guys, one last question to each of you. you have been watching the markets for so long. we have near records for stocks. gdp that shrank, jobs growth that is okay. why is the market so excited about what's happening...
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Mar 3, 2013
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i care about the fact that we are racking up larger deficits and putting the peril of the future generation very much in play. i really care about this country. i care about my 20 grandkids. the kind of america they are are going to have and sit ising on the sidelines when so much is at stake is just not in my nature. >> chris: governor, thank you. >> thanks, chris. good to be with you. >> chris: later in the show, the romneys introduce us to the latest editions to their family. i promise you won't want to miss it. first we will bring in our sunday group to discuss what happens now that those automatic spending cuts have kicked in. and to give us their reaction to mitt romney's return to public life. alright, bring the model in on the set! work the camera... work it! those hands. oooh la la! what's your secret? dawn? [ female announcer ] dawn hand renewal with olay beauty improves the look and feel of hands in 5 uses. love it, or get double your money back. improves the look and feel of hands in 5 uses. looking for a litter with natural ingredients that helps neutralize odors. discover tidy
i care about the fact that we are racking up larger deficits and putting the peril of the future generation very much in play. i really care about this country. i care about my 20 grandkids. the kind of america they are are going to have and sit ising on the sidelines when so much is at stake is just not in my nature. >> chris: governor, thank you. >> thanks, chris. good to be with you. >> chris: later in the show, the romneys introduce us to the latest editions to their...
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Oct 15, 2013
10/13
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the budget deficit is down and that's part of the sequestration mechanism. that's supposed to be a ten-year process. that's all my liberal friends in the senate on the democrat side voted for it. most of them, you know, a year and a half ago. so i consider that to be something that's just like they consider obama care to be sarks nctrisanct. >> doesn't sound like you're crazy about the emerging deal here. >> all i know is what you guys know. there's no spending reforms. just kick the can down the road. and he does avert any kind of a crisis on the debt. but it's a short term aversion because there's no mechanism over time to reduce the rowed money. >> what are the camps? >> two camps in my district. one camp, furloughed workers. they want the government reopen sooner than later. i understand that. the base conservatives, the majority of the republican primary though want us to hold the line and get us real reform. >> what do you expect to hear tomorrow at the caucus? >> i hope to hear that the house republicans are going to hold the line and insist on what i
the budget deficit is down and that's part of the sequestration mechanism. that's supposed to be a ten-year process. that's all my liberal friends in the senate on the democrat side voted for it. most of them, you know, a year and a half ago. so i consider that to be something that's just like they consider obama care to be sarks nctrisanct. >> doesn't sound like you're crazy about the emerging deal here. >> all i know is what you guys know. there's no spending reforms. just kick...
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Mar 3, 2013
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it's a small percentage of the dep deficit and the debt that we have. and also, there are other factors that are in play, which are pushing wall street higher. we are now within .5% of an all-time high for the markets. we have been up 115% from the crash low. so we have come a long way very fast, in part because the fed -- ben bernanke has been pumping trillions of dollars into the economy, keeping interest rates at all-time lows, near zero. and wall street likes that -- >> jamie: i imagine -- is that the right answer, though? >> absolutely not. there are a lot of economist who is say this is the bubble we are going to be facing this bubble at some point. but for now, we are seeing wall street saying, who cares about the cuts? they are not that big of a deal? you expect the curts to be draconian and that's what the white house has told us and the republicans on defense spending, on friday, a key defense index from philly hit an all-time high. it stheems wall street is not paying much attention. in terms of prices on wall street. if you take a look at a
it's a small percentage of the dep deficit and the debt that we have. and also, there are other factors that are in play, which are pushing wall street higher. we are now within .5% of an all-time high for the markets. we have been up 115% from the crash low. so we have come a long way very fast, in part because the fed -- ben bernanke has been pumping trillions of dollars into the economy, keeping interest rates at all-time lows, near zero. and wall street likes that -- >> jamie: i...
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Mar 1, 2013
03/13
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put it in there as a default that they were going to work on trying to balance the budget, lower the deficit. they didn't do it. so now we have the default. i think it's everybody -- republican, democrats, the house, the congress the president. >> i have looked at the white house issued a paper and i am looking at your state, oklahoma, where the cuts are going to affect oklahoma. i am curious whether you agree. it says they tell lose $4.9 million for prischmear secondary education, putting 70 teacher and aide jobs at risk that. funding -- maybe you know this or don't -- is that additional money -- what is this $4.9, below the baseline? or is this slowed growth? >> i think that's going to be slowed growth. it's hard to tell. a lot of governors don't know what to expect. we hear the scare tactics that we are going to have to cut teachers and all of these scary things. at my state, when i took over 2 years ago in oklahoma, we had a $6 billion budget. we had a $500 million shortfall. i didn't go around scaring people, telling them i was going to have to kick granny out of the nursing homes. what
put it in there as a default that they were going to work on trying to balance the budget, lower the deficit. they didn't do it. so now we have the default. i think it's everybody -- republican, democrats, the house, the congress the president. >> i have looked at the white house issued a paper and i am looking at your state, oklahoma, where the cuts are going to affect oklahoma. i am curious whether you agree. it says they tell lose $4.9 million for prischmear secondary education,...
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Feb 26, 2013
02/13
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this is good for the american economy to use this kind of blunt instrument to cut this much from the deficit? that this actually spurs the economy to do better and provides enough jobs or does it eat into the job base the way that most independents that i have read think it does? >> i think the republican argument would be that whatever short term pain it causes to the economy, steps like this, sort of these painful but necessary cuts over an extended period of time, are necessary to basically guarantee longer term economic growth, but that said, i think the problem republicans have is the long term deficit problem is an entitlements problem, and we set up this mechanism wheremaki discretionary spending. >> this isn't the big piece of the pie. this is the tiny sliver of the pie. the big piece is medicare, social security, things they're not even talking about right now. so this is not a natural disaster. this is a manmade disaster that they made. and now that they can't figure a way out of it. >> is a deal possible? what happens? >> a deal is possible. >> by friday? >> i'm not going to say t
this is good for the american economy to use this kind of blunt instrument to cut this much from the deficit? that this actually spurs the economy to do better and provides enough jobs or does it eat into the job base the way that most independents that i have read think it does? >> i think the republican argument would be that whatever short term pain it causes to the economy, steps like this, sort of these painful but necessary cuts over an extended period of time, are necessary to...
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Jan 17, 2013
01/13
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>> let me just say that the president has already sign into law about $2.4 trillion worth of deficit reduction and three-quarters of that -- >> wars we stopped fighting, already factored in. >> a bunch of that is for spending cuts. not necessarily spending cults i really -- cuts i like but spending cuts nonetheless. >> you disagree with him when he says we don't have a spending problem? >> no. i think we do have certain things we can cut in spending, but in fact right now, i think the crisis we have right now is a jobs crisis. i think it's an income inequality crisis in our country. i think there's an investment crisis. we don't talk enough, neil, about the third leg of debt reduction, which is not only spending, not only raising revenue, but growth in the economy. and you know? this debt ceiling issue is just crazy. i stand -- >> was it crazy seven years ago when your democratic colleague voted against raising it? was it crazy then? >> well, except it wasn't real and this is real. the last final -- >> real is in the eye of the beholder. >> no, no. >> i guess it's -- >> it was more -
>> let me just say that the president has already sign into law about $2.4 trillion worth of deficit reduction and three-quarters of that -- >> wars we stopped fighting, already factored in. >> a bunch of that is for spending cuts. not necessarily spending cults i really -- cuts i like but spending cuts nonetheless. >> you disagree with him when he says we don't have a spending problem? >> no. i think we do have certain things we can cut in spending, but in fact...